**Charity Registration Number: 1143571**
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
**A Charitable Incorporated Organisation (CIO)**
## **TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS For The Year Ended 31 March 2023**
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **CONTENTS**
||**Page**|
|---|---|
|Members of the Board and Professional Advisers|2|
|Trustees Annual Report|3-6|
|Independent Examiner’s Report|7|
|Receipts and Payments Accounts|8|
|Statement of Assets and Liabilities|9|
|Notes to the Financial Statements|10-11|
- 1 -
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS**
|**Registered Charity Name**|Sholver and Moorside Community Team CIO|
|---|---|
|**Charity Number**|1167447|
|**Registered Office**|Oakdene|
||5 Higher Ogden|
||Lane Bottom|
||Newhey|
||Rochdale|
||OL16 3TD|
|**Trustees**|Jonathan Comyn-Platt (Chair)|
||Terrence Durose|
||Roy Edward Smith (Treasurer)|
||Joyce Ward (Secretary)|
||Deborah Wolstenhulme|
||Linda Dawson|
||Frances Judge|
|**Independent Examiner**|Community Accounting Lancashire C.I.C.|
||Foxfields|
||9 Norley Close|
||Chadderton|
||Oldham|
||OL1 2RA|
|**Bankers**|Virgin Money|
||47 Market Place|
||Oldham|
||OL1 3AB|
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||**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|**Trustees' Annual Report for theperiod**|
|---|---|---|---|---|---|---|---|---|
||**From**|Period start date|||**To**|Period end date|||
|||Day
01|Month
April|Year
2022||Day
31|Month
March|Year
2023|
Section A Reference and administration details
**Charity name**
Sholver and Moorside Community Team
**Other names charity is known by**
**Registered charity number (if any)** 1167447
**Charity's principal address** Sholver Community Hub
Sholver Oldham **Postcode** OL1 4NT
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7|**Trustee name**|**Office (if any)**|**Dates acted if**
**not for whole**
**year**|**Name of person (or body)**
**entitled to appoint trustee**
**(ifany)**|
|---|---|---|---|---|
||Jon Comyn-Platt|Chair and Trustee|||
||Joyce Ward|Secretaryand Trustee|||
||RoySmith|Treasurer and Trustee|||
||Linda Dawson|Minutes Secretaryand Trustee|||
||Terrence Durose|Trustee|||
||Debra Wolstenhulme|Trustee|||
||Frances Judge|Trustee|||
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
**Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional**
**information)**|**Names and addresses of advisers (Optional**
**information)**|**Names and addresses of advisers (Optional**
**information)**|
|---|---|---|
|**Type of adviser**
**Name**
**Address**|||
|**Accountant**|Community Accounting Lancashire C.I.C|Foxfields, 9 Norley Close
Chadderton, Oldham, OL1 2RA|
## **Name of chief executive or names of senior staff members (Optional information)**
- 3 -
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
Constitution
(eg. trust deed, constitution)
Association
How the charity is constituted (eg. trust, association, company) Elected at Annual General meeting Trustee selection methods
(eg. trust, association, company)
(eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
The charity works in a close relationship with its sister charity Sholver Millennium Green Trust. Trustee meetings are held monthly and are usually attended also by a representative of OMBC.
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C**
## **Objectives and activities**
To benefit the residents of the area by associating residents, the Local Authority and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the objective of improving the condition of life for the residents.
**Summary of the objects of the charity set out in its governing document**
- 4 -
To establish and secure a community centre and to maintain or manage or co-operate with any statutory authority in the management and **Summary of the main** maintenance of such a centre for activities promoted by the charity in **activities undertaken for the** furtherance of the above objects. **public benefit in relation to these objects (include within** The Charity has managed the centre and made it available for use to **this section the statutory** community groups including a Food bank, Martial Arts group, a line **declaration that trustees have** dancing group, assisting a project for lonely and socially excluded elderly **had regard to the guidance** residents, an Arts Group and others. **issued by the Charity Commission on public** In their management of the Centre and at all times in making these **benefit)** bookings the Trustees have had regard to its objects and to the Guidance issued by the Charity Commission on public benefit.
## **Additional details of objectives and activities (Optional information)**
The charity does not make any grants. All income is applied towards the management of the Centre.
You **may choose** to include further statements, where The charity has no investments for the above reason. Its day to day relevant, about: funding is held in a bank account with Virgin Bank (formerly Yorkshire Bank) PLC. It is not anticipated that there will be changes to this � policy on grantmaking; arrangement.
- policy on grantmaking;
- policy programme related investment; The charity encourages the use of volunteers. It has no paid employees and save for the occasional employment of contractors for instance to
- � contribution made by effect improvements to the Centre, or to conduct school holiday projects volunteers. for children and parents, all other work is done by volunteers. There are presently insufficient funds to pay volunteers any expenses.
## Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
Bookings have steadily increased to pre covid levels and the Trustees are optimistic as to the coming year.
The annual vegetable and flower show proved again to be a great success and there were also other events, a spring fair and Christmas fair and at Christmas we had for the children, a Christmas Grotto complete with Santa and presents.
We also kept the warm place going so that people could drop in for a brew and a warm. We unfortunately lost our junior youth club but their slot was quickly taken up by a dance troupe.
The centre remains a popular party venue for weekend private hire.
- 5 -
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
The Charity has built up reserves of £59,223 as at 31[st] March 2023, being £4,753 restricted funds and £54,470 unrestricted (free reserves).
Our Reserves Policy is that we maintain 6 months running costs when planning future spending.
**Details of any funds materially in deficit**
There is no financial deficit.
## **Further financial review details (Optional information)**
The Charity hopes that in due course it will be in a position to be completely self-funding and able to initiate projects itself. Until income from lettings is sufficient to do this the Centre will continue to seek help from grant funding, and from the Local Authority. It is expected that In the next financial year discussions will take place with the Local Authority for a transfer of some of the financial responsibilities of the building in return for a longer and more secure form of occupation than the present licence at will.
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has at will. supported the key objectives This however is taking much longer than expected. of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
.
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)**[ROY E SMITH] **Position (eg Secretary, Chair,** TREASURER/TRUSTEE **etc)**
**Date** 11th October 2023
- 6 -
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF SHOLVER & MOORSIDE COMMUNITY TEAM**
## **YEAR ENDED 31 MARCH 2023**
I report on the accounts for the year ended 31 March 2023 set out on pages 8 to 11.
## **Respective Responsibilities of Trustees and Examiner**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
The charity’s trustees consider an audit is not required for this year under section 144 of the 2011 Act, and that an independent examination is needed.
It is my responsibility as independent examiner to:
- ~ examine the accounts under section 145 of the 2011 Act
- ~ follow the applicable Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act, and
- ~ to state whether particular matters have come to my attention
## **Basis of Independent Examiners Report**
My examination was carried out in accordance with the Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## **Independent Examiners Statement**
I have completed my examination for the year ended 31 March 2023.
I can confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- ~ accounting records were not kept in accordance with section 130 of the 2011 Act or
- ~ the accounts do not accord with the accounting records to comply with the accounting requirements of the 2011 Act
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## 11[th] October 2023
## **Miss Jacqueline Bird F.M.A.A.T.**
Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham OL1 2RA
- 7 -
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **RECEIPTS AND PAYMENTS ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**RECEIPTS**
**_Notes_**
**£**
**£**
Grants
**_2_**
125
6,396
Donations
**_3_**
823
-
Hall Hire
18,675
-
Gentle Exercise Group
1,348
-
Tuesday Social Kitchen
-
-
Flower & Veg Show
1,210
-
Christmas Show
-
-
Christmas Fair
347
-
Spring Fair
395
-
Other Income
**_4_**
2,877
-
Interest Received
3
-
**TOTAL RECEIPTS**
**25,803**
**6,396**
**PAYMENTS**
Donations Made
545
-
Events Costs
458
1,527
Gentle Exercise Group Costs
1,440
-
Flower & Veg Show Costs
821
43
Children’s Christmas Party
-
-
Christmas Fair Costs
193
-
Spring Fair Costs
-
-
Coffee Mornings
-
-
Kitchen Costs & Supplies
250
85
Art & Craft Materials
-
99
Flowers & Gifts
90
-
Equipment
-
-
Repairs & Maintenance
1,335
-
Refurbishment Costs (General)
311
-
Refurbishment Costs (Outside)
-
-
Insurance
263
-
Rates
-
-
Accounts, IT Software & IT Consumables
537
-
Telephone & Internet
1,281
-
Postage, Printing & Stationery
85
31
Waste Collections
749
-
Cleaning Materials
408
-
Volunteer Cleaning Costs
-
-
Meeting Costs
65
-
Accountancy Fees
495
-
Bank Charges
20
-
Other Expenditure
**_5_**
325
-
**TOTAL PAYMENTS**
**9,671**
**1,785**
**Net of receipts/(payments)**
**16,132**
**4,611**
Cash funds at 31 March 2022
38,338
142
**Cash funds at 31 March 2023**
**_6_**
**54,470**
**4,753**|**Total**
**Funds**
**2023**
**£**
6,521
823
18,675
1,348
-
1,210
-
347
395
2,877
3
**32,199**
545
1,985
1,440
864
-
193
-
-
335
99
90
-
1,335
311
-
263
-
537
1,281
116
749
408
-
65
495
20
325
**11,456**
**20,743**
38,480
**59,223**|**Total**
**Funds**
**2022**
**£**
250
1,004
15,108
987
21
1,278
86
344
-
10,712
-
**29,790**
535
-
675
901
943
-
48
75
144
177
71
418
941
4,230
6,368
263
261
566
1,127
60
229
272
50
-
-
-
-
**18,354**
**11,436**
27,044
**38,480**|
|---|---|---|
- 8 -
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **STATEMENT OF ASSETS AND LIABILITES**
## **FOR THE YEAR ENDED 31 MARCH 2023**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
**CASH FUNDS**
Bank
54,490
4,753
Petty Cash
(20)
-
**54,470**
**4,753**
**LIABILITIES**
Fee for Independent Examination|**Total**
**Funds**
**2023**
**£**
**59,243**
**(20)**
**59,223**
**2023**
**£**
495
**495**|**Total**
**Funds**
**2022**
**£**
**38,316**
**164**
**38,480**
**2022**
**£**
495
**495**|
|---|---|---|
||||
The financial statements were approved by the Board of Trustees on the 11[th] of October 2023 and signed on their behalf by:
Roy E Smith **Treasurer/Trustee**
- 9 -
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **1. Receipts and payments accounts**
Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.
## **2. Grants Received**
|**Unrestricted**
**Funds**
**2023**
**£**
Action Together – Sholver Travel Futures
-
FCHO – Sholver Travel Futures
-
Action Together – Warm Places
-
OMBC Coronation Events Grant
-
OMBC Grant (Stop & Play Group)
125
First Choice Homes (FCHO)
-
**125**
**onations Received**
**Unrestricted**
**Funds**
**2023**
**£**
Councillors Donations
600
Hillside Nursery
-
General Donations
223
**823**
**ther Income**
**Unrestricted**
**Funds**
**2023**
**£**
Covid-19 Additional Restrictions Grant
2,667
Omicron Hospitality & Leisure Grant
-
Covid-19 Restart Grant
-
Miscellaneous
210
**2,877**|**Restricted**
**Funds**
**2023**
**£**
4,965
931
200
300
-
-
**6,396**
**Restricted**
**Funds**
**2023**
**£**
-
-
-
**-**
**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
**-**|**Total**
**Funds**
**2023**
**£**
4,965
931
200
300
125
-
**6,521**
**Total**
**Funds**
**2023**
**£**
600
-
223
**823**
**Total**
**Funds**
**2023**
**£**
2,667
-
-
210
**2,877**|**Total**
**Funds**
**2022**
**£**
-
-
-
-
-
250
**250**
**Total**
**Funds**
**2022**
**£**
-
1,002
2
**1,004**
**Total**
**Funds**
**2022**
**£**
-
2,667
8,000
45
**10,712**|
|---|---|---|---|
## **3. Donations Received**
**4. Other Income**
In the period from the 1[st] of April 2022 to the 31[st] of March 2023 the charity benefitted from a total of 2,667 from Government Grants from the Covid-19 Additional Restrictions Grant.
In the previous year the charity benefitted from a total of £10,667 from Government Grants, being £2,667 from the Omicron Hospitality & Leisure Grant and £8,000 from the Covid-19 Restart Grant.
In accordance with accounting policy, these credits were included in ‘Other Income’ within the ‘Receipts and Payments Accounts” in the period for which they compensate.
- 10 -
## **SHOLVER AND MOORSIDE COMMUNITY TEAM**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2023**
## **5. Other Expenditure**
|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
OMBC Grant (Stop & Play Group)
125
-
Miscellaneous
200
-
**325**
**-**|**Total**
**Funds**
**2023**
**£**
125
200
**325**|**Total**
**Funds**
**2022**
**£**
-
-
**-**|
|---|---|---|
## **6. Funds Analysis**
|**unds Analysis**|||||
|---|---|---|---|---|
||**Balance as at**|**Incoming**|**Resources**|**Balance as at**|
||**1 April**|**Resource**|**Expended**|**31 March**|
||**2022**|**s**||**2023**|
||**£**|**£**|**£**|**£**|
|**Unrestricted Funds**|**38,338**|**25,803**|**(9,671)**|**54,470**|
|**Restricted Funds**|||||
|Action Together – Sholver Travel Futures|-|4,965|(1,527)|3,438|
|FCHO – Sholver Travel Futures|-|931|-|931|
|Action Together – Warm Places|-|200|(116)|84|
|OMBC Coronation Events Grant|-|300|-|300|
|Get Up and Grow Grant|43|-|(43)|-|
|Action Together Art Group Grant|99|-|(99)|-|
|**Total Restricted Funds**|**142**|**6,396**|**(1,785)**|**4,753**|
|**Total Funds**|**38,480**|**32,199**|**(11,456)**|**59,223**|
- 11 -